Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Marketing survey reports Baby Boomers remain loyal to auto, home, medical and life insurance brand
May 21 2007 // Baby Boomers may be more likely to switch brands across a wide variety of products and services, including apparel, cars, prepared foods, and airlines, but when it comes to service oriented categories such as banking and...
Mont. State Fund decreasing premiums 1%
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders. The State Fund board authorized the decrease, for the coming year. The...
Legislators aim to crack down on fraud
May 21 2007 // For years, Al Capone outwitted federal efforts to nail him for murder and other mobster-type crimes. The feds finally took him down with a breathtakingly simple courtroom gambit: tax evasion. California Capones Modern-day...
Mont. State Fund decreasing premiums 1%
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders. The State Fund board authorized the decrease, for the coming year. The...
D&O, workers’ comp lead downhill pricing parade, according to risk managers’ survey
May 21 2007 // Directors and officers insurance continues to be a highly competitive line. In the first quarter of 2007, D&O prices decreased by 7.7 percent and by more than 12 percent in the last two quarters of 2006 combined,...
British auto insurer survey targets women’s view of male drivers’ irritating habits
May 21 2007 // A survey from the United Kingdom’s Diamond, an automobile insurer that specializes in coverage for women drivers, reveals some of their male counterparts’ most irritating driving habits. While Diamond’s...
Agents Using ‘Real Time’ Really Save Time, IVANS Survey Says
May 21 2007 // Agents using industry-standard real-time solutions offered by their carriers claim time savings of more than 50 percent when processing transactions such as quoting, billing and claim inquiries, loss runs, and policy...
Legislators aim to crack down on fraud
May 21 2007 // For years, Al Capone outwitted federal efforts to nail him for murder and other mobster-type crimes. The feds finally took him down with a breathtakingly simple courtroom gambit: tax evasion. California Capones Modern-day...
Study: 1927 Mississippi Flood Would Cost Up To $160 Billion
May 18 2007 // A repeat of the 1927 Great Mississippi Flood, the largest flood disaster in U.S. history, could cost up to $160 billion in economic damages if it were to recur today, according to Risk Management Solutions, a Newark,...
Forecast: Conn. to Experience Big Population Shift, Slower Growth
May 17 2007 // With lagging birth rates and an influx of immigrants, the face of Connecticut is expected to change greatly over the next two decades. A new population analysis, released by the Connecticut State Data Center at the...
Mass. Workers’ Comp Rates Going Down Again, This Time by 16.9%
May 16 2007 // Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s...
S&P Rates Gard P&I (Bermuda) ‘A+’; Outlook Stable
May 16 2007 // Standard & Poor’s Ratings Services has assigned its “A+” long-term counterparty credit and insurer financial strength ratings to Bermuda-based marine insurer Gard P&I (Bermuda) Ltd. with a...
Fire Outlook: 2007 Wildfire Season Looks Wicked
May 15 2007 // Fire scientists are predicting an above-average wildfire season from May through August 2007, according to the National Interagency Fire Center Predictive Services Group based in Boise, Idaho. In its “National...
S&P Raises Rating on Lloyd’s Advent Syndicate 0780; Outlook Positive
May 15 2007 // Standard & Poor’s Ratings Services has raised its Lloyd’s Syndicate Assessment (LSA) on Advent Underwriting – Syndicate 0780 to “2” from “2-” with a positive...
Ala.’s Alfa Ratings Lowered One Notch to ‘A+’; Outlook Stable
May 14 2007 // While its outlook remains stable, Standard & Poor’s Ratings Services lowered Alfa Insurance Group’s credit and financial strength ratings to ‘A+’ from ‘AA-‘. Alfa is the...
NCCI Reiterates “Optimistic but Cautious” Outlook for Workers Comp
May 11 2007 // The workers compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995 according to NCCI Holdings...
AXA First Quarter Revenues Increase in all Sectors
May 11 2007 // AXA’s CEO Henri de Castries announced that the Paris-based financial services and insurance Group’s revenues had “increased by 34 percent in the first quarter of the year.” AXA profited, not only...
ABI Survey Estimates UK Fraudulent Claims at $8 Million a Day
May 10 2007 // A survey conducted by the Association of British Insurers concludes that fraudulent insurance claims are now costing insurers and honest customers over £4 million ($7.98 million) every day. The annual cost is around £1.6...
Survey: Geico, NY Life Rank High in Brand Loyalty
May 10 2007 // Among insurance companies, NY Life and Geico rank highest in brand loyalty, according to the 2007 Brand Keys Customer Loyalty Engagement Index. The index, which examines customer relationships with 362 brands in 55...
Safety Insurance 1Q: Net Income Dips; Written Premiums Rise Slightly
May 8 2007 // Safety Insurance Group, Inc., a Massachusetts-based personal lines insurer, reported first quarter 2007 net income was $24.6 million, or $1.53 per diluted share, compared to $30.8 million, or $1.94 per diluted share, for...
